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     archer
Member
Username: archer
Post Number: 1345
Registered: 11-2002Rating: N/A
Votes: 0
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| | Thursday, February 16, 2006 - 07:14 pm: | 
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Breakout targets 46-47c
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archer
Member
Username: archer
Post Number: 1346
Registered: 11-2002Rating: N/A
Votes: 0
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| | Thursday, February 16, 2006 - 07:38 pm: |
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The seasonal effect takes hold and silver follows gold down
just as it always does though not as rough this time
The silver market is gettin stronger
The volatility in these pm markets hints that the seasonal
trend may be overridden in the near future
E.g the seasonal weakness which normally lasts till june-
july may only last a month or two
If thats the case gold and silver may be entering runaway trends and thats the trend ive been waiting for for 4 years
{;->
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kate
Member
Username: kate
Post Number: 271
Registered: 04-2005Rating: N/A
Votes: 0
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| | Friday, February 17, 2006 - 07:39 am: |
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A couple of months ago I read that the usual buyers(jewellers) in India weren't buying gold and silver because of the high prices, instead they were using up their excess stock and recycling existing jewellery. They were then going to increase stocks when the price came down.
I don't know what percentage they make up of buyers as a whole, could this be the reason for prices being supported?
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rederob
Member
Username: rederob
Post Number: 1697
Registered: 10-2002Rating: N/A
Votes: 0
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| | Friday, February 17, 2006 - 09:09 pm: |
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kate
I also read articles that said the exact opposite around the same time.
Commercials were not wanting to buy as their products would be more expensive while consuming public were buying simply because their greater wealth was now on show.
Always best to find the data that supports their positions as there are many themed stories trotted out and rebadged with a few different names, places and dates.
Given both precious metals are quite bullish it seems that the stories had little impact on overall market sentiment.
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kate
Member
Username: kate
Post Number: 272
Registered: 04-2005Rating: N/A
Votes: 0
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| | Saturday, February 18, 2006 - 09:39 am: |
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Rederob, where do you find the data?
Kate
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rederob
Member
Username: rederob
Post Number: 1700
Registered: 10-2002Rating: N/A
Votes: 0
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| | Saturday, February 18, 2006 - 11:51 am: |
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kate
GFMS - sometimes you need to pay for the info if you want recent and specific.
Otherwise look here for an idea of what's available:
http://www.silverinstitute.org/wssum05.pdf
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sabre
Member
Username: sabre
Post Number: 573
Registered: 09-2003Rating: N/A
Votes: 0
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| | Saturday, February 18, 2006 - 12:00 pm: |
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MMN looks ready to go, next week could be its break of 30c?
Silver EFT interest?
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rederob
Member
Username: rederob
Post Number: 1701
Registered: 10-2002Rating: N/A
Votes: 0
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| | Saturday, February 18, 2006 - 08:04 pm: |
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kate
This is more like what you wanted:
http://www.gfms.co.uk/Market%20Commentary/GFMS_Silver_Interim_2005.pdf
Note how much higher prices are since that report late last year; very interesting that demand responses have not flattened prices.
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poptop
Member
Username: poptop
Post Number: 25
Registered: 12-2005Rating: N/A
Votes: 0
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| | Wednesday, February 22, 2006 - 11:49 pm: |
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How would you explain a seasonal pattern in gold?
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archer
Member
Username: archer
Post Number: 1360
Registered: 11-2002Rating: N/A
Votes: 0
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| | Thursday, February 23, 2006 - 03:01 pm: |
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In my Jan 30 post above
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rederob
Member
Username: rederob
Post Number: 1706
Registered: 10-2002Rating: N/A
Votes: 0
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| | Friday, March 03, 2006 - 07:01 am: |
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$10 silver capitulated overnight with a 4% rise smashing resistance points - silver at $10.17 as I post and AU$13.60.
Go MMN......
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archer
Member
Username: archer
Post Number: 1384
Registered: 11-2002Rating: N/A
Votes: 0
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| | Friday, March 03, 2006 - 01:28 pm: |
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Yes and the best thing is silver has outperformed gold
over the entire bull market and is accelerating away
yet silver is not even talked about yet
NGG adding value also{;->
Go MMNO
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endorphin
Member
Username: endorphin
Post Number: 26
Registered: 09-2005Rating: N/A
Votes: 0
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| | Friday, March 03, 2006 - 08:16 pm: |
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Would someone mind posting a couple,a few or a lot/list of silver miners or companies that do business relating to the metal. Is there many? listed on the ASX that they trade. Preferably with good daily and or weekly volumes. I've never really given silver much thought until recently when Rederob made the point that it's actually doin' better than gold. Sometimes ya just have ta pay attention
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greatdane
Member
Username: greatdane
Post Number: 221
Registered: 12-2002Rating: N/A
Votes: 0
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| | Saturday, March 04, 2006 - 11:29 am: |
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Silver ends at 22-year high, up 4% on week
Analyst touts the possibility of $12-an-ounce silver
By Myra P. Saefong, MarketWatch
Last Update: 4:15 PM ET Mar 3, 2006
SAN FRANCISCO (MarketWatch) -- Silver futures closed at a fresh 22-year high Friday, up more than 4% for the week with the gains tied to expectations that an exchange-traded fund based on the metal will soon be launched.
At the same time, gold prices retreated from a one-month high but ended the week up over 1%, as investors and traders continued to rely on the precious metal as a refuge from market uncertainty.
The May contract for silver closed at $10.235 an ounce on the New York Mercantile Exchange, up 2.7 cents, following an earlier rise to $10.31, a level not seen since at least 1984.
The contract climbed by more than 4% on Thursday as traders bet that the silver ETF in registration from Barclays Global Investors may soon begin trading. Silver's prices closed last Friday at $9.825 an ounce.
"Conditions are set to remain volatile in silver for some time to come as traders await the SEC's decision on Barclay's ETF application," said James Moore, an analyst at TheBullionDesk.com in London.
But "a positive outcome and subsequent launch is likely to generate plenty of upside with $12.50 remaining my price target," he said.
Although there was no official confirmation that the ETF has gained regulatory approval, the Securities and Exchange Commission recently closed a 21-day public comment period on the fund.
Lance Berg, a spokesman for Barclays Global Investors, said Friday he was unable to comment on the iShares Silver Trust, which is still subject to an SEC-imposed quiet period. See full story.
Analysts said silver's rise may reflect buying on speculation the silver ETF would soon get the green light. Gold experienced a similar pop in the weeks leading up to the launch of StreetTracks Gold Trust (GLD :
"The 130 million ounces of silver needed for the launch of securitized silver are not going to be easy to come by, nor will they leave much available for investors who have been just starting to chase after the white metal as soon as gold reached new highs," according to Jon Nadler, an investment products analyst at bullion dealers Kitco.com.
Regards, GreatDane
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rederob
Member
Username: rederob
Post Number: 1708
Registered: 10-2002Rating: N/A
Votes: 0
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| | Saturday, March 04, 2006 - 12:36 pm: |
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Comex is the largest holder of silver: To get 130moz will mean the warehouses will be cleaned out....
Either the prposed ETF has another source, or silver is to the moooooon
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